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The other day, freshman Congresswoman Alexandria Ocasio-Cortez made headlines (yet again) with a bold proposal — a 70 percent marginal tax rate on income of more than $10 million a year. This tax, Ocasio-Cortez declared, would fund her so-called Green New Deal, a still-developing plan to eliminate fossil-fuel energy by 2030 and lower inequality. “Call […]
While the ongoing government shutdown had some concerned about a possible delayed start to tax season, the Internal Revenue Service confirmed Monday that it would begin processing tax returns on Jan. 28 – and issuing refunds on a regular schedule. “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I […]
Allan Autry, Lane Miller and Lauren Williams were named partners at Johnson Lambert, Park Ridge. Autry and Miller joined the firm in 2009, and Williams in 2008. Sikich, Chicago, promoted four to partner: Ginny Ferguson, who leads account management for the firm’s technology practice; Jenny Kramer, who offers tax planning and compliance services to clients; […]
Stephano Slack, Wayne, partnered with Devereux Behavioral Health for Operation Santa, an annual event for which the firm’s service team and employees purchased and wrapped gifts, then delivered them to children at the Devereaux’s Children’s Intellectual and Developmental Disabilities Services Center, which serves children with autism spectrum disorders, intellectual and developmental disabilities, and behavioral and […]
Berberich Trahan Co. has acquired the Topeka, Kansas, offices of CBIZ MHM LLC and its affiliated CPA firm Mayer Hoffman McCann, effective Jan. 1, 2019. As a result of the deal, the combined firm will have more than 50 employees. BTCo. plans to keep both its existing Topeka offices and the one it’s acquiring from […]
Invoiced upgrades A/R software Invoiced, which makes accounts receivable automation software, has upgraded its product with a Smart Chasing Engine for creating automated, customizable billing communications sequences to help businesses get paid faster, provide a better customer experience and spend less time on accounts receivable. The company also announced its partnership and integration with a […]
Is your firm agile enough for today’s super competitive environment? Simply put, the agile methodology is an operational practice that encourages almost continuous development and testing of products or services. In recent years, an “agile” business model has proven to be the best defense against a constantly changing, unpredictable market. This applies as much to […]
The Institute of Management Accountants is shedding light on the colleges and universities in the U.S. and other parts of the world whose students had the highest pass rates on the Certified Management Accountant exam. The results this year indicated that at least four U.S. schools — Cornell University, the University of Michigan in Ann […]
Progressive House Democrat Alexandria Ocasio-Cortez called for a sharp tax hike on the highest incomes in order to fund a massive “Green New Deal” plan that would phase out fossil fuels by 2030, as she tries to push the political debate to the left. “It’s ambitious,” the New York Representative told 60 Minutes in an […]
House Ways and Means Committee Chairman Richard Neal, D-Mass., is asking the Internal Revenue Service and the Treasury Department to explain what impact the partial government shutdown will have on the upcoming tax season. In separate letters Friday to IRS Commissioner Charles Rettig and Treasury Secretary Steven Mnuchin, Neal pointed out that tens of thousands […]
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